For sale

Price cut: $65K (9/29)

$765,000

1 High St, Spencer, MA 01562

10beds

5,638sqft

$5,337/mo

Get pre-qualified

5+ Family - 5+ Units Up/Down

Built in 1860

-- sqft lot

$740,000 Zestimate^®

$136/sqft

$-- HOA

What's special

Fantastic multi-unit property in downtown Spencer! Owner pays water and sewer, tenants pay all other utilities. 5 units across 2 buildings with newer high efficiency combi steam boilers in most units, all apartments have own laundry facilities, and some units have newer mini-splits for air conditioning. Near to downtown amenities. Property grosses $86,400 per year with long term tenants and room to grow! Seller does not live in property, buyers/buyers agent to do all due diligence.

51 days
266
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 5
Full bathrooms: 5

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 5,638
Total interior livable area: 5,638 sqft
Finished area above ground: 5,638

Property

Parking

Total spaces: 10
Uncovered spaces: 10

Lot

Size: 0.41 Acres
Features: Corner Lot

Details

Parcel number: M:0U13 B:0055 L:0000,1693112
Zoning: VR

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Foundation: Stone

Condition

Year built: 1860

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Spencer

Financial & listing details

Price per square foot: $136/sqft
Tax assessed value: $635,100
Annual tax amount: $6,973
Date on market: 8/16/2026
Exclusions: Tenant Belongings/Personal Items
Total actual rent: 7200

Estimated market value

$740,000

$703,000 - $777,000

$4,218/mo

Price history

Date	Event	Price
9/29/2026	Price change	$765,000-7.8%$136/sqft
Source: MLS PIN #73564219 Report a problem
8/16/2026	Listed for sale	$830,000+147%$147/sqft
Source: MLS PIN #73564219 Report a problem
7/12/2019	Sold	$336,000$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,867 +13.5%	$584,900 +10.6%
2024	$6,051 +9.7%	$528,900 +15.7%
2023	$5,515 +18.3%	$457,300 +29.1%
2022	$4,660 +0.3%	$354,100 +7%
2021	$4,647 -12.7%	$331,000 -12.2%
2020	$5,326 +52.4%	$377,200 +49.6%
2019	$3,495 -12.4%	$252,200 -15.2%
2018	$3,991 +11%	$297,400 +15.7%
2017	$3,594 -0.9%	$257,100 +1.3%
2016	$3,625 +3.6%	$253,700 -0.9%
2015	$3,500 +4%	$256,000
2014	$3,366 +1.7%	$256,000 -1.2%
2013	$3,309 -1.5%	$259,100 -5.3%
2012	$3,359 +5.5%	$273,500 -4.9%
2011	$3,184 +5.5%	$287,600 -6.4%
2010	$3,018 +9.8%	$307,300 -2.2%
2009	$2,749 +14.6%	$314,200 +3.7%
2008	$2,399 +1.8%	$302,900 -0.6%
2007	$2,356 -4.2%	$304,800 +5.2%
2006	$2,460 +0.9%	$289,700 +3.4%
2005	$2,438 +15.4%	$280,200 +11.5%
2004	$2,112 -18.4%	$251,400 +21.1%
2003	$2,589 +10.6%	$207,600
2001	$2,340 +9.3%	$207,600 +19.4%
2000	$2,141 +2.4%	$173,800 -8%
1997	$2,090	$189,000